This score combines short and long-term predictive indicators to generate a balanced, medium-term state and metro market forecast.
For county & zip code micro markets use the “Parent Forecast” version as a general guide.
Generally, scores below 30 anticipate new or continued weakness. Scores between 30 – 70, if stable over the last several years, anticipate a continuation of current market conditions. If the score is TRENDING up within this 30 – 70 range, it may indicate an improving market; if trending down, a weakening market. A score above 70 anticipates a strong or strengthening market.
The indicator represents the Percentile Ranking when compared to ALL markets nationwide. Note that percentile rankings are useful for measuring RELATIVE performance BETWEEN markets, not for measuring the absolute performance.
Past performance of any indicator, score or algorithm is not indicative of future results. Do your own analysis before entering or exiting any market.